Intel Anti-trust, Net Bug Dominate this Week’s Tech News

It has been another busy week for the tech industry. Dominating the news was the lawsuit filed by New York City Attorney General Andrew Cuomo against Intel for allegedly engaging in a systematic campaign to protect a monopoly. Intel allegedly paid computer makers billions of dollars in the form of rebates as a reward for continuous use of Intel microprocessors. Likewise, manufacturers using rival chipmaker’s CPUs were threatened payment cutoff as well as competing manufacturers receiving funding. It was Cuomo’s assertion that Intel was not competing fairly, instead bribery and coercion was used to maintain a monopoly on the market. The rebates Intel gave to computer makers was done without no legitimate business purpose. Intel was already fined $1.44 billion by the European Commission in May, 2009 after being found guilty of antitrust violations.

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